Antin Infrastructure Partners’ Flagship Fund V has made its first investment in Blue Elephant Energy (BEE), a Hamburg, Germany-based renewable-energy platform focused on developing, acquiring and operating solar and wind farms across Europe and in Latin America.
BEE operates 67 solar and 13 wind power plants in eight countries, with a power generation capacity of around 1.3 gigawatts. BEE is consistently expanding its development portfolio of solar and wind projects, while also exploring new opportunities in adjacent segments.
Antin’s Flagship Fund V will become the renewable-energy company’s new majority shareholder to support its growth strategy.
“The partnership with Antin gives further tailwind to BEE's dynamic development and underlines our strong position in a fragmented market, the resilience of our business model and the attractive development and growth prospects that lie ahead,” said Felix Goedhart, founder and CEO of BEE. “With Antin we ha
